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Frozen Cake & Pastry Manufacturing - Industry Market Research Report

  • ID: 2510469
  • Report
  • 33 pages
  • IBISWorld
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Piece of cake: New and innovative flavors and products will boost industry revenue

FEATURED COMPANIES

  • Conagra Brands Inc.
  • MORE

Frozen Cake & Pastry Manufacturing

Although the industry began with a chilling start, the Frozen Cake and Pastry Manufacturing industry ultimately expanded over the five years to 2019. Rising health consciousness, changing consumer tastes and competition from fresh bakery items has hampered demand for traditional industry products. In response to these trends, industry operators have focused on reformulating their existing dessert selections with healthier, higher quality ingredients. Furthermore, operators also experimented with new flavor combinations while launching single-serving varieties that appeal to a wider range of health-conscious consumers. Over the past five years, industry-wide profit margins have decreased due to stagnating demand for frozen cakes and pastries and intensifying price-based competition from private label products and fresh baked goods manufacturers, despite the cost of inputs declining. Over the next five years, industry operators will continue to develop and introduce new flavors and portion sizes, as well as improving the taste and texture of classic varieties such as frozen fruit pie and cheesecake. Rising disposable income levels are also expected to drive demand for premium-priced frozen cake and pastry products, which are already the industry's fastest-growing product segment.

This industry manufactures an array of frozen sweet bakery products, including soft cakes, cheesecakes, doughnuts, pies and cookies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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FEATURED COMPANIES

  • Conagra Brands Inc.
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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  • The Schwan Food Company Inc.
  • Conagra Brands Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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